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July 2021 1. Introduction The Ministry of Corporate Affairs issued a notification[1] (“Notification”) that categorised personal guarantors of a corporate debtor as a separate entity class to whom only certain provisions of Part III of the Insolvency and Bankruptcy...

Offsets are described in different ways. An “offset” is defined as “something (such as an amount or claim) that balances or compensates for something else

Indian Chemical Industry A. Executive summary A.1 Key segments The Indian chemical industry comprises primarily of three key segments; basic chemicals including petrochemicals, fertilizers, inorganic chemicals and other industrial chemicals, specialty chemicals and knowledge chemicals including pharmaceuticals and...

Companies bill will foster better corporate governance Aassed by the Union Cabinet, the Companies Bill, 2008, has attracted substantial attention on account of its innovative changes to the mam- moth Companies Act of 1956, aiming to provide a...